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Developer sets sights on young families of modest means

Seattle Times  |  Dec 19, 2014

LOS ANGELES – While many Southern California apartment builders are racing to attract hip, single urbanites with lots of cash, one Los Angeles developer is taking a different tack and pursuing young families of more modest means.

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Apartment developer sets sights on young families of modest means

Los Angeles Times  |  Oct 30, 2014

Decron Properties Corp. is buying and upgrading aging apartment complexes in semi-suburban towns, such as Simi Valley, Chino Hills and Moorpark, where residents are seeking family-oriented communities away from the congestion and bustle of Los Angeles.

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PDO West Ranks on Largest Construction Project List

Los Angeles Business Journal  |  Sep 9, 2014

Playa Del Oro West, Decron’s newest multifamily apartment development in Playa Del Rey, was included in the Los Angeles Business Journal’s list of largest construction projects.

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Madison apartments for sale as condos

Santa Clarita Signal  |  Sep 2, 2014

Originally built as part of the Valencia master plan, and designed as Santa Clarita’s truly first work, live, walk residential homes, The Madison apartments are now being readied for sale as condominiums – their original intended use.

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Decron Acquires 440-Unit MF in Los Angeles Area for $82.5M

Multi-Housing News  |  Aug 13, 2014

Decron Properties Corp. has acquired Village Crossing, a 440-unit garden style, multifamily apartment community in Chino Hills, Calif., from Invesco Real Estate for $82.25 million.

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Decron Spends $82M on Apartment Complex

Globe Street  |  Aug 11, 2014

Decron Properties Corp. has purchased Village Crossing, a 440-unit apartment complex in Chino Hills, CA, from Invesco Real Estate for $82.2 million. The investor plans to spend an additional $9.2 million upgrading and renovating the property from a class-B to a class-A complex, making the total investment cost approximately $91.4 million.

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Giant Chino Hills apartment complex sold; new owner eyes families

Los Angeles Times  |  Aug 8, 2014

A sprawling luxury apartment complex in Chino Hills is in for major improvements after being sold for more than $82 million to one of the region’s biggest landlords. Decron Properties Corp. of Los Angeles bought Village Crossing, a 440-unit garden style apartment community near the intersection of Chino Hills Parkway and the 71 Freeway.

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Decron Makes LABJ Book of Lists

Los Angeles Business Journal  |  Jan 14, 2014

Decron Properties Corp., a diversified real estate investment, development, and property management firm, was featured on the Los Angeles Business Journals’ annual list of largest property managers in Los Angeles.

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New Marina del Rey Apartments are Tailored to Tech, Media Workers

LA Times  |  Nov 14, 2013

“That’s absolutely one of our prime demographics,” said Eric Diamond, chief operating officer of Decron Properties Corp. The Los Angeles landlord and developer is building the 260-unit Playa del Oro West apartment and retail complex in Westchester on a former hotel site.

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PROPERTY REPORT: Decron Properties buys Moorpark apartment complex

Los Angeles Times  |  Oct 24, 2013

Decron Properties Corp. has bought a garden-style apartment complex in Moorpark for $84.4 million that it plans to improve and reposition as higher-end residences.

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LA Developer Seeks More “Value-Add” Investments to Grow Real Estate Portfolio

Press Release  |  Oct 8, 2013

Decron Properties Corp., a diversified real estate investment, development, and management company based in Los Angeles, has acquired the Fountains at Moorpark located at 51 Majestic Court in Moorpark, California, for $84,430,000.

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$114M Mixed Use Refi at PDO

GlobeSt.com  |  Aug 19, 2013

PLAYA DEL REY, CA-GlobeSt.com has exclusively learned that Meridian Capital Group LLC has negotiated the $114-million refinancing of Playa del Oro, a flagship mixed-use property located in Playa del Rey, CA, on behalf of Los Angeles-based Decron Properties Corp. The seven-year, fixed-rate loan was provided by a life insurance company and features an interest rate of 3.28% and highly favorable structural terms.

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